stress tests

So.. I said months ago that this Stress test was just a confidence game, like what FDR did when he closed the banks, to make people assume that the ones that open were strong....

here is a story about Bair saying that the stress tests are bunk (by anonymous sources).
Let me just point out that this is in the NYPost, one of the most easily corruptible sources by hedgefunds, to try and drive stocks down. Sorry NYPost, you sold your soul to the devil long ago.

These are awfully dramatic statements being made, and overly dramatize what is actually being said. It's almost like the statements are more sizzle than steak.

The stress tests the government are about to conduct on some of the nation's largest banks is being blasted by insiders at Sheila Bair's Federal Deposit Insurance Corp., who say it's a pointless exercise that's more sizzle than steak.

Of course the post implies this is from Bair but it's not:

"It's a sham," one source told The Post, describing the test as an "open-book, take-home exam" that doesn't actually work.